http://www.arthapedia.in/index.php?title=Debt_Consolidation_and_Relief_Facility_(DCRF)&feed=atom&action=historyDebt Consolidation and Relief Facility (DCRF) - Revision history2024-03-28T14:57:21ZRevision history for this page on the arthapediaMediaWiki 1.17.0http://www.arthapedia.in/index.php?title=Debt_Consolidation_and_Relief_Facility_(DCRF)&diff=1912&oldid=prevArthapedia at 06:34, 8 April 20152015-04-08T06:34:31Z<p></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>==Contributed by==</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>==Contributed by==</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>* [http://www.ies.gov.in/myaccount-profile-view.php?memid=404 V. Srikanth, IES(2008)]</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>* [http://www.ies.gov.in/myaccount-profile-view.php?memid=404 V. Srikanth, IES(2008)]</div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div><ins style="color: red; font-weight: bold; text-decoration: none;">*Email- [mailto:v.srikanth@nic.in v.srikanth@nic.in]</ins></div></td></tr>
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</table>Arthapediahttp://www.arthapedia.in/index.php?title=Debt_Consolidation_and_Relief_Facility_(DCRF)&diff=837&oldid=prevArthapedia at 11:56, 3 October 20112011-10-03T11:56:21Z<p></p>
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</table>Arthapediahttp://www.arthapedia.in/index.php?title=Debt_Consolidation_and_Relief_Facility_(DCRF)&diff=479&oldid=prevArthapedia at 08:10, 30 August 20112011-08-30T08:10:56Z<p></p>
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<tr><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>==Contributed by==</div></td><td class='diff-marker'> </td><td style="background: #eee; color:black; font-size: smaller;"><div>==Contributed by==</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="background: #ffa; color:black; font-size: smaller;"><div>* [http://www.ies.gov.in/myaccount-profile-view.php?memid=404 Srikanth <del class="diffchange diffchange-inline">Ambi</del>, IES(2008)]</div></td><td class='diff-marker'>+</td><td style="background: #cfc; color:black; font-size: smaller;"><div>* [http://www.ies.gov.in/myaccount-profile-view.php?memid=404 <ins class="diffchange diffchange-inline">V. </ins>Srikanth, IES(2008)]</div></td></tr>
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</table>Arthapediahttp://www.arthapedia.in/index.php?title=Debt_Consolidation_and_Relief_Facility_(DCRF)&diff=231&oldid=prevV.srikanth at 14:08, 20 August 20112011-08-20T14:08:24Z<p></p>
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</table>V.srikanthhttp://www.arthapedia.in/index.php?title=Debt_Consolidation_and_Relief_Facility_(DCRF)&diff=230&oldid=prevV.srikanth: Created page with "<p>The Twelfth Finance Commission (TFC) had recommended a Debt Consolidation and Relief Facility (DCRF) during its award period (01.04.2005 to 31.03.2010) to States.</p> <p>Thi..."2011-08-20T14:07:44Z<p>Created page with "<p>The Twelfth Finance Commission (TFC) had recommended a Debt Consolidation and Relief Facility (DCRF) during its award period (01.04.2005 to 31.03.2010) to States.</p> <p>Thi..."</p>
<p><b>New concept</b></p><div><p>The Twelfth Finance Commission (TFC) had recommended a Debt Consolidation and <br />
Relief Facility (DCRF) during its award period (01.04.2005 to 31.03.2010) to <br />
States.</p><br />
<p>This facility provided for (i) Consolidation of central loans from Ministry <br />
of Finance contracted till 31.3.2004 and outstanding as on 31.3.2005 for a fresh <br />
tenure of twenty years at an interest rate of 7.5% per annum and (ii) Debt <br />
waiver to states based on their fiscal performance. The facility is subject to <br />
the condition that states enact their Fiscal Responsibility and Budgetary <br />
Management (FRBM) Acts as recommended by the Commission. Under the scheme, <br />
twenty-six states out of twenty eight states (except Sikkim and West Bengal), <br />
which had enacted their Fiscal Responsibility and Budget Management Acts, had <br />
availed of the facility of consolidation of their loans. Those states which had <br />
improved their fiscal performance could also get their eligible debt waived.</p><br />
<p>The Thirteenth Finance Commission (FC-XIII) has extended the DCRF, limited to <br />
consolidation of their loans only, to the states of Sikkim and West Bengal <br />
during 2010-15, provided these states put in place their FRBM Acts as stipulated <br />
by FC-XIII. Sikkim and West Bengal have now enacted their Fiscal Responsibility <br />
Legislations.</p><br />
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==Contributed by==<br />
* [http://www.ies.gov.in/myaccount-profile-view.php?memid=404 Srikanth Ambi, IES(2008)]<br />
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[[Category:concepts|D]</div>V.srikanth